User Account

All Pages

What interest rate do need to earn in order

Assignment Help Financial Accounting
Reference no: EM132470917

You currently have $70,000 in your bank account and you will need a total of $90,000 in 9 years to pay for a down payment on a house.

Question 1: What interest rate do you need to earn in order to have $90,000 in your bank account 9 years from now? Enter your answer as a percentage rounded to 2 decimal places. Do not include the percentage sign in your answer.

Question 2: If you invest $8,200 into a savings account at an interest rate of 1%, compounded annually, how much will you have in the savings account after 20 years?

Reference no: EM132470917

Questions Cloud

Myths and misunderstandings of social media : Myths and misunderstandings of social media, steps that can be taken to avoid disclosing confidential patient information on social media?
What should be included in the physical assessment : What should be included in the physical assessment? What do you think will be the priorities in your physical assessment?
BUS 1170 Principles of Management Assignment : BUS 1170 Principles of Management Assignment Help and Solution, Lethbridge College - Assessment Writing Service - How will Netflix's functional strategies
Delegating nursing care for the patients : Make a list of the factors that need to be considered before delegating nursing care for the following patients:
What interest rate do need to earn in order : What interest rate do you need to earn in order to have $90,000 in your bank account 9 years from now? how much will you have in savings account after 20 years
Local hospital and cares for a young adult patient : On the last night for the week, while she is talking to the patient about a planned discharge, the patient asks the student to be friends on face book.
How much will need to deposit into account one year : How much will you need to deposit into your account 1 year(s) from now to reach your goal? Enter your answer rounded to two decimal places.
How would you set a manual pump : The physician order reads: Lactated Ringer's IV at 450 mL over 3 hours. The IV tubing drop factor is 15drops/mL. How would you set a manual pump?
What is the infusion time : A 1,350 mL bag of D5W is ordered to infuse at 75cc/hr. What is the infusion time?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd